Print

Bailout or Not. Depression is Upon Us

McCain, along with Paulson, Bernanke, Bush and others are using scare tactics hoping to rush the approval of this historic banking bailout plan. Threats of a “disaster” and a “severe economic crisis” have been interpreted by the media as a “depression” if the bill is not passed immediately.

Politicians continue to scare the public stating that without a bailout, pension and 401(k) plans will be threatened.

Are the conditions very serious? Definitely.

The point is that they are so serious that a bailout won’t do much at this point other than waste taxpayer money with no real accountability.

Finally, as far as I can tell, this bailout really doesn’t do much if anything to help taxpayers.

Surely by now, Americans are on to this game. “Drill now or pay more later.”

Sound familiar?

Just another recent scare tactic to help push off-shore drilling bills through Washington. But the reality is that drilling more won’t solve the energy problem. It’s only a quick fix. “Bailout now or face a severe economic period.”

Likewise, a bailout won’t prevent a severe economic period. We certainly have a huge problem, but nothing will prevent the disaster.

Leveraging the Inevitable Collapse

Pension plans and 401(k)s are in trouble whether the bailout plan passes or not. Nothing will bail America out of the inevitable payback period. Anyone who does not realize this lacks a comprehensive understanding all of the issues. Perhaps you have been watching too much television.

As I have stated many times in the past, the current real estate-driven credit crisis is just stage one of the depression.

NOTE: Mike Stathis predicted the precise details of the financial crisis in his 2006 book, America's Financial Apocalypse.

The publishing industry (run by the Jewish Mafia) REFUSED to publish this landmark book because it exposed the widespread fraud committed by the Jewish Mafia.

Click here to read chapter 10 from America's Financial Apocalypse. This was the only book that accurately predicted the 2008 financial crisis.

Instead, they published useless marketing books written by their broken clock tribemens (like Peter Schiff's completely worthless book, Crash Proof, which was wrong about most things and was written a year AFTER Stathis' book).

Stathis also released a book focusing on strategies to profit from the real estate collapse in early 2007 called, Cashing in on the Real Estate Bubble.

Click here to read chapter 12 from Cashing in on the Real Estate Bubble which recommended to short the sub-primes, Fannie Mae and Freddie Mac, homebuilders, banks and even GE and GM.

The Jewish media crime bosses prefer to ignore those who speak the truth and threaten to expose them as the best way to hide the scams from the public.

In contrast, these same crime bosses continuously promote Jewish con men and clowns who have terrible track records as a way to enrich them all while steering the audience to their sponsors, most of which are Jewish Wall Street and related firms. Figure it out folks. It's not rocket science.

View Mike Stathis' Track Record here, here, here, here, here, here and here.